The 3M Company (MMM) Jan11 80.00 Put expired on Friday. MMM announced earnings today and I decided to close the position. All prices include IB commissions.
Position Summary
| Cost Basis | $8,000.00 |
| Net Profit | $251.55 |
| Percent Return | 3.14% |
| Annualized Return | 9.49% |
| Days Held to Expiration | 121 days |
Trade History
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|---|---|---|---|---|---|
| 9/22/2010 | MMM | CSP Margin Used | CSP 100 MMM @ 80.00 | ($8,000.00) | ||
| 9/22/2010 | MMM | Initial Put Option | STO 1 Nov10 80.00 Put @ 1.32 | Expired | $131.99 | |
| 11/22/2010 | MMM | Continued Trade | STO 1 Jan11 80.00 Put @ 1.20 | $119.56 | ||
| 1/21/2011 | MMM | CSP Margin Returned | CSP 100 MMM @ -80.00 | $8,000.00 | ||
| 1/21/2011 | MMM | Net Cost/Profit-Loss | ($8,000.00) | $251.55 | ||
| DTE | 121 | Percent Profit-Loss/Annualized | 3.14% | 9.49% |
